Marubun Corporation Reports Consolidated Earnings Results for the Nine Months for the Year Ended December 31, 2019; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2020
January 31, 2020 at 02:00 am EST
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Marubun Corporation reported consolidated earnings results for the nine months for the year ended December 31, 2019. For the year, the company reported net sales of JPY 211,434 million against JPY 258,000 a year ago. Operating income was JPY 457 million against JPY 3,683 a year ago. Loss was JPY 63 million or JPY 7.19 per basic share against profit of JPY 1,417 or JPY 44.18 per basic share a year ago.
For the fiscal year ending March 31, 2020, the company expects net sales of JPY 285,000 million, operating income of JPY 2,900 million and profit attributable to owners of parent of JPY 1,350 million or JPY 51.65 per share.
MARUBUN CORPORATION is a Japan-based company mainly engaged in the purchase and sale of semiconductors, electronic components, electronic equipment and other domestic and foreign electronics products. The Company operates through two business segments. The Device segment is engaged in the sale of semiconductors, including analog integrated circuits (ICs), standard logic ICs, memory ICs, microprocessors, special-purpose ICs, and custom ICs, as well as electronic components such as display panels, crystal units, connectors, printed circuit boards, and modules. The Systems segment is engaged in the sale of aerospace equipment, industrial equipment, laser equipment, information and communication equipment, and medical equipment. The Company is also engaged in the provision of maintenance and technical services for electronic equipment.
Marubun Corporation Reports Consolidated Earnings Results for the Nine Months for the Year Ended December 31, 2019; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2020
MARUBUN CORPORATION 
